Why is Kraken's IPO significant for the crypto industry?

Kraken's $20 billion IPO validates crypto exchanges as legitimate, high-growth businesses ready for public markets. It proves that cryptocurrency trading platforms can scale massively while staying fully compliant. This milestone attracts institutional capital, strengthens industry credibility, and confirms the sustainability of the exchange business model. With Gemini’s IPO and rising regulatory trust, a new era of professional, regulated crypto infrastructure is emerging, one that companies like Bitdeal empower through advanced, secure crypto exchange development

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